Replies to post #322 on Kaixin Holdings (KXIN)

[Value_Investor]

KXIN has Huge Positive Net Asset or Shareholder's Equity Value $49.017M (previous year was $35.503M) from the latest financial report (see the link below) and the OS is 49,806,556 shares.

https://www.otcmarkets.com/filing/html?id=17489489&guid=w6O-kFUFOe-FJth

So, the Huge Positive Book Value is $0.9842 a share v.s. it is trading at Super-Ridiculous-Low price $0.0815 now, LOL!

Note, the Book Value $0.9842 is 12.1 Times of current Super-Ridiculous-Low price $0.0815!

Therefore, KXIN is Super Undervalued now!

KXIN is also at Hyper Oversold status --- from January 31's $0.85 to August 22's $0.0745 without any bad news but Several Good News!

Thus, KXIN will surge over $0.85 in the near future based on its Huge Positive Book Value $0.9842 alone...